c. myblog

December 14, 2009

The Internet—Strategic Delivery Channel Issues And Differentiation

Evolving consumer behavior and internet usage trends may have an even more significant impact on the fundamental way credit unions strategically manage their business model and create differentiation in the future—and these trends aren’t necessarily isolated to a particular generation.  Consider the following statistics from the Pew Internet & American Life Project, January 2009: Today, […]

December 7, 2009

Will A Shift In Long-Term Borrowing Capacity Of Consumers Impact Your Business Model?

In February 2009, we published a c. notes article titled, Liquidity: 9 “What-Ifs” Worth Exploring.  Even though liquidity is not a concern now for many credit unions, events outside of their control could quickly make it a serious issue.  The article encourages credit unions to answer key valid questions to help prepare them for the […]

November 23, 2009

Tips For Avoiding Overstating Loan Income In The Budget Process

Loan interest income may be overstated in the budget if there is a large balance of non-performing loans.  This occurs if loan income is budgeted based on what the members are contractually obligated to pay rather than the actual payments received on performing loans. Here are the two most common ways credit unions are adjusting […]

November 23, 2009

Lessons Learned: Are You Passing Up A Great Opportunity?

The frequency and magnitude of surprises in 2009 have created a unique learning opportunity that should not be passed up.  Too often, after navigating through a strategic challenge or opportunity, managements move on to the next issue without identifying the lessons learned from the most recent experiences.  This need not be a complex exercise.  In […]

November 18, 2009

2010 has got to be better than 2009… Right?

This statement sounds eerily similar to the statement we heard from many people in 2008 about 2009. By now most have read or heard the U.S. financial highlights for 3rd Qtr 2009.  Headlines touted the 3.5% annualized growth in GDP.  It is important for any business to evaluate the sustainability of this “good news” and […]

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